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Manhattan / Inwood / 10034

119 PAYSON AVENUE

Boro1
Block2248
Lot12
BBL1022480012
Class D1
Residential units
43
Units in total
43
Storeys
6
Year built
1930
Last alteration on file
1986
Recorded transfers
1 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
10 Nov 2010$650,000-APARTMENT BUILDINGRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
02

The building on the lot

Section through the lot

LOT 9,800 SQ FT6
Drawn from PLUTO: 6 storeys, 43,911 sq ft of building on 9,800 sq ft of lot, an average floor plate covering 75% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
9,800 sq ft
Building area
43,911 sq ft
Residential area
43,911 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.48
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$215,550
Assessed total value
$1,873,800
Exempt value
$0
Assessed per residential unit
$43,577

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Inwood
ZIP code
10034
Community district
Manhattan 12
Council district
10
Coordinates
40.868409, -73.925786
05

Other buildings in Inwood

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
375 WEST 207TH STREETRM61120230-
401 WEST 207 STREETD627320240-
128 SEAMAN AVENUEC125919200-
221 SEAMAN AVENUEC122819240-
250 NAGLE AVENUED418019640-
4861 BROADWAYD714619290-
210 SHERMAN AVENUED712619303-
101 POST AVENUEC112119270-
4761 BROADWAYD711919280-
600 WEST 218 STREETD710819360-
165 SHERMAN AVENUED710019251-
228 NAGLE AVENUED710020050-

Every building on file in Inwood